221 Market St #321, Virginia Beach, VA 23462

SOLD ON AUG 16, 2023

221 Market St #321,
Virginia Beach, VA 23462

$275,000

Sold Price

Bed

809

Sq Ft

About this home

Don't miss out on your opportunity to live in the highly desirable Town Center neighborhood of Virginia Beach! The high ceilings and floor to ceiling windows adjacent to the kitchen make this place feel way larger. This loft style condo has a completely open layout but no need to worry as there is a place for everything! The finishes are great quality that include granite countertops, stainless steel appliances and hardwood floors. The bathroom is impressively spacious and features an in unit full size washer and dryer. Enjoy dinners with the sliding door open to the balcony overlooking the happenings of the neighborhood. With so many great stores, restaurants and attractions within a block or two you will hardly need to drive anywhere!

Listed by Bethany White • BHHS RW Towne Realty

Bought with Tyler Nash • Better Homes & Gdns Ntv Am Grp

Redfin checked: 2 minutes ago (Sept 25, 2023 at 12:41am)

•Source:REINMLS #10479035

Property Type

Condo

Year Built

2008

Style

Contemp, Mid Rise

Community

STUDIO 56 @ TOWN CENTER

Redfin Estimate

$281,673

Price/Sq.Ft.

$340

Buyer’s Agent Commission

Street View

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Redfin Estimate for 221 Market St #321

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Create an Owner Estimate

$281,673

+$6,673 since sold in 2023 • Last updated 09/25/2023 12:43 am

Redfin Estimate based on recent home sales.

1 / 47
SOLD APR 7, 2023
$267,500
A
Sold Price
1 Bed
1 Bath
692 Sq. Ft.
221 Market St #203, Virginia Beach, VA 23462
$47/sq ft
221 Market St #203, Virginia Beach, VA 23462
1 / 24
SOLD FEB 21, 2023
$270,000
B
Last Sold Price
1 Bed
1 Bath
838 Sq. Ft.
221 Market St #434, Virginia Beach, VA 23462
$18/sq ft
221 Market St #434, Virginia Beach, VA 23462
1 / 36
SOLD NOV 28, 2022
$268,000
C
Last Sold Price
1 Bed
1 Bath
937 Sq. Ft.
221 Market St #214, Virginia Beach, VA 23462
$54/sq ft
221 Market St #214, Virginia Beach, VA 23462
1 / 42
SOLD NOV 10, 2022
$295,000
D
Last Sold Price
1 Bed
1 Bath
780 Sq. Ft.
4545 Commerce St #1608, Virginia Beach, VA 23462
$38/sq ft
1 year older
4545 Commerce St #1608, Virginia Beach, VA 23462
1 / 38
SOLD DEC 13, 2022
$300,000
E
Last Sold Price
1 Bed
1 Bath
1,020 Sq. Ft.
4545 Commerce St #1605, Virginia Beach, VA 23451
$46/sq ft
1 year older
4545 Commerce St #1605, Virginia Beach, VA 23451
1 / 43
SOLD MAY 26, 2023
$499,000
F
Sold Price
2 Beds
2 Baths
1,607 Sq. Ft.
4545 Commerce St #2105, Virginia Beach, VA 23462
$29/sq ft
1 year older
4545 Commerce St #2105, Virginia Beach, VA 23462

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Provided by Down Payment Resource, Wattbuy, and AllConnect

Property details for 221 Market St #321

Parking

Parking Information

Has Garage

Parking Gar, Lot, Close to Mass Transit, Off Street

Interior

Appliances Information

Dishwasher, Dryer, Microwave, Elec Range, Refrigerator, Washer

Bathroom Information

# of Baths (Full): 1

Room Information

Bedroom And Full Bathroom on 1st Floor

# of Rooms: 3

1st FBR, Loft

Interior Features

Equipment: Cable Hookup

Flooring Type: Ceramic, Wood

Exterior

Exterior Information

Exterior Siding: Brick

Roof: Poly Skin

Property Information

Property Type: Attached

Style: Contemp, Mid Rise

Accessibility: Elevator
Condo Level: 3
Foundation Type: Pile
Ownership Type: Condo
# of Stories: 1
Unit Description: 1 Living Level, Loft, Studio

Utilities

Utilities Information

Cooling: Central Air

Heating: Heat Pump

Sewer Type: City/County
Water Type: City/County
Water Heater Type: Electric

Location

Multi-Unit Information

Amenities Condo POA: Elevator, Ground Maint, Trash Pickup

Homeowners Association Information

Assoc Legal Name: Studio 56 Condo Association

HOA Assoc Legal Name: N/A

Assoc Mgmt Co: United Property Associates, Andrew Paul
Fees Condo: 260
Association Fee Frequency: Monthly
Fees POA Monthly: 0

School Information

Elementary School: Thalia Elementary

Middle School: Independence Middle

High School: Princess Anne

Location Information

Neighborhood Name: STUDIO 56 @ TOWN CENTER

View Description: City

Other

Listing Information

Property information provided by REINMLS when last listed in 2023. This data may not match . Learn more.

Sale and tax history for 221 Market St #321

Sale History
Tax History

Public facts and zoning for 221 Market St #321

Beds

Baths

Sq. Ft.

815

Stories

Lot Size

—

Style

Condo/Co-op

Year Built

2008

Year Renovated

—

County

Virginia Beach

APN

14774488920321

Home facts updated by county records on Sep 1, 2023.

Zoning

CBC | Permitted: Single-Family, Multi-Family, Short-Term Rentals, Commercial, Industrial

Tour insights for 221 Market St #321

Heavy touring

Open floorplan

Lots of light

Needs work

Killer views

Big backyard

Must see

Street noise

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Ann Petty • Redfin Associate Agent

Saw this home 3 months ago

Sale proceeds

Home sale price

Outstanding mortgage

Selling with traditional agentSelling with Redfin agent

+$3,950

Your total sale proceeds$43,541$47,491

Seller agent commission3% ($8,450)$4,500

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Schools

GreatSchools Summary Rating

5/10

Thalia Elementary School

Public, PreK-5 • Serves this home • 0.8mi

6/10

Independence Middle School

Public, 6-8 • Serves this home • 2.8mi

6/10

Princess Anne High School

Public, 9-12 • Serves this home • 0.5mi

School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.

Around this home

Transportation near 221 Market St #321

87/100

Very walkable

Walk Score®

48/100

Some transit

Transit Score®

64/100

Bikeable

Bike Score®

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor

Flood Factor - Minimal

Unlikely to flood in next 30 years

Fire Factor - Minimal

Unlikely to be in a wildfire in next 30 years

Heat Factor - Extreme

7 days above 105° expected this year, 16 days in 30 years

Wind Factor - Severe

98% chance of strong winds in next 30 years

Provided by First Street Foundation

Real estate market insights for 221 Market St #321

Condo sales (last 30 days)

Central Business District of Virginia BeachNeighborhood
$519K
Median list price
161
Median days on mkt.
4
# listed homes
$339
Median $ / sq. ft.
96.5%
Median sale-to-list
1
# sold homes
Central Business DistrictNeighborhood
$286K
Median list price
138
Median days on mkt.
3
# listed homes
$199
Median $ / sq. ft.
100.8%
Median sale-to-list
4
# sold homes
BaysideNeighborhood
$255K
Median list price
24
Median days on mkt.
19
# listed homes
$185
Median $ / sq. ft.
102.1%
Median sale-to-list
19
# sold homes
Virginia Beach Town CenterNeighborhood
$519K
Median list price
161
Median days on mkt.
4
# listed homes
$339
Median $ / sq. ft.
96.5%
Median sale-to-list
1
# sold homes
23462ZIP
$280K
Median list price
28
Median days on mkt.
17
# listed homes
$191
Median $ / sq. ft.
102.1%
Median sale-to-list
14
# sold homes
Virginia BeachCity
$351K
Median list price
28
Median days on mkt.
143
# listed homes
$216
Median $ / sq. ft.
101.5%
Median sale-to-list
108
# sold homes
Virginia BeachCounty
$350K
Median list price
28
Median days on mkt.
142
# listed homes
$215
Median $ / sq. ft.
101.5%
Median sale-to-list
106
# sold homes

Condos/Co-ops trends in Central Business District of Virginia Beach

Median Sale Price
# of Homes Sold
Median Days on Market

Median Sale Price

(Condos/Co-ops)

$645,000

+132.9% YoY | Aug 2023

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Aug 2023

Growth

% YoY

Central Business District of Virginia Beach

$645,000

+132.9%

See more market trends in Central Business District of Virginia Beach

Market competition in Virginia Beach

Calculated over the last 3 months

Very Competitive

Redfin Compete Score™

100

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 18 days.
Hot homes can sell for about 4% above list price and go pending in around 9 days.

Compare to nearby cities

Chesapeake is very competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 20 days.
Hot homes can sell for about 3% above list price and go pending in around 10 days.

Norfolk is very competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 20 days.
Hot homes can sell for about 4% above list price and go pending in around 11 days.

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Estimated Sale Price

$268,000 – $319,000

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Nearby similar homes

Homes similar to 221 Market St #321 are listed between $165K to $345K at an average of $185 per square foot.

1 / 13

$285,000

3 Beds

2.5 Baths

1,412 Sq. Ft.

4305 Gadwall Pl, Virginia Beach, VA 23462

1 / 27

$330,000

3 Beds

2.5 Baths

1,780 Sq. Ft.

5309 Kindlewood Dr, Virginia Beach, VA 23455

1 / 40

HOT HOME

$276,000

3 Beds

2.5 Baths

1,994 Sq. Ft.

5141 Chayote Ct #20, Virginia Beach, VA 23462

1 / 25

$234,900

2 Beds

2 Baths

1,340 Sq. Ft.

900 Southmoor Dr #304, Virginia Beach, VA 23455

1 / 3

$315,000

3 Beds

2.5 Baths

1,595 Sq. Ft.

940 Hunley Dr, Virginia Beach, VA 23462

1 / 24

HOT HOME

$220,000

2 Beds

2.5 Baths

1,282 Sq. Ft.

759 Harbor Springs Trl, Virginia Beach, VA 23462

Nearby recently sold homes

Nearby homes similar to 221 Market St #321 have recently sold between $169K to $268K at an average of $205 per square foot.

1 / 25

SOLD JUN 16, 2023

$225,000 Last Sold Price

2 Beds

2.5 Baths

1,254 Sq. Ft.

4512 Genoa Cir, Virginia Beach, VA 23462

1 / 14

SOLD AUG 31, 2023

$169,000 Last Sold Price

2 Beds

1 Bath

866 Sq. Ft.

4225 Thalia Station Cir, Virginia Beach, VA 23452

1 / 26

SOLD JUN 23, 20233D WALKTHROUGH

$242,000 Last Sold Price

2 Beds

2.5 Baths

1,254 Sq. Ft.

140 Seaside Ln, Virginia Beach, VA 23462

Home values near 221 Market St #321

Data from public records.

Address	Redfin Estimate
221 Market St Apartment 440, Virginia Beach, VA 1 Beds \| 1 Baths \| 804 Sq. Ft.	$278,099
221 Market St Apartment 201, Virginia Beach, VA 1 Beds \| 1 Baths \| 698 Sq. Ft.	$277,248
221 Market St Apartment 318, Virginia Beach, VA 1 Beds \| 1 Baths \| 789 Sq. Ft.	$273,248
221 Market St Apartment 442, Virginia Beach, VA 1 Beds \| 1 Baths \| 937 Sq. Ft.	$295,820
221 Market St Apartment 550, Virginia Beach, VA 1 Beds \| 1 Baths \| 849 Sq. Ft.	$286,124
221 Market St Apartment 323, Virginia Beach, VA 1 Beds \| 1 Baths \| 1068 Sq. Ft.	$321,732
221 Market St Apartment 435, Virginia Beach, VA 1 Beds \| 1 Baths \| 815 Sq. Ft.	$289,252

Address	Redfin Estimate
221 Market St Apartment 431, Virginia Beach, VA 1 Beds \| 1 Baths \| 692 Sq. Ft.	$272,054
221 Market St Apartment 324, Virginia Beach, VA 1 Beds \| 1 Baths \| 746 Sq. Ft.	$267,460
221 Market St Apartment 315, Virginia Beach, VA 1 Beds \| 1 Baths \| 698 Sq. Ft.	$260,398
221 Market St Apartment 554, Virginia Beach, VA 1 Beds \| 1 Baths \| 804 Sq. Ft.	$287,574
221 Market St Apartment 555, Virginia Beach, VA 1 Beds \| 1 Baths \| 889 Sq. Ft.	$324,244
221 Market St Apartment 325, Virginia Beach, VA 1 Beds \| 1 Baths \| 1057 Sq. Ft.	$332,199
221 Market St Apartment 437, Virginia Beach, VA 1 Beds \| 1 Baths \| 1068 Sq. Ft.	$298,563

Address	Redfin Estimate
221 Market St Apartment 553, Virginia Beach, VA 1 Beds \| 1 Baths \| 1057 Sq. Ft.	$320,141
221 Market St Apartment 322, Virginia Beach, VA 1 Beds \| 1 Baths \| 849 Sq. Ft.	$283,108
221 Market St Apartment 547, Virginia Beach, VA 1 Beds \| 1 Baths \| 994 Sq. Ft.	$299,601
221 Market St Apartment 551, Virginia Beach, VA 1 Beds \| 1 Baths \| 1068 Sq. Ft.	$353,417
221 Market St Apartment 320, Virginia Beach, VA 1 Beds \| 1 Baths \| 845 Sq. Ft.	$287,667
221 Market St Apartment 327, Virginia Beach, VA 1 Beds \| 1 Baths \| 889 Sq. Ft.	$281,605
221 Market St Apartment 438, Virginia Beach, VA 1 Beds \| 1 Baths \| 746 Sq. Ft.	$265,372

Frequently asked questions for 221 Market St #321

What is 221 Market St #321?

How many photos are available for this home?

How much is this home worth?

When was this home built and last sold?

How competitive is the market for this home?

Based on Redfin's market data from the past 3 months, we calculate that market competition in 23462, this home's neighborhood, is very competitive. Homes sell for about 2% above list price and go pending in around 17 days. Hot homes can sell for about 5% above list price and go pending in around 9 days. Compared to nearby markets, 23462 is more competitive than Chesapeake and more competitive than Norfolk.

What comparable homes are near this home?

What’s the full address of this home?

What's the housing market like in Central Business District of Virginia Beach?

The Central Business District of Virginia Beach housing market is very competitive. Homes in Central Business District of Virginia Beach receive 3 offers on average and sell in around 24 days. The median sale price of a home in Central Business District of Virginia Beach was $645K last month, up 132.9% since last year. The median sale price per square foot in Central Business District of Virginia Beach is $339, up 28.4% since last year.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate for 221 Market St #321

Homeowner Tools

Electricity and solar

Internet

Property details for 221 Market St #321

Sale and tax history for 221 Market St #321

Public facts and zoning for 221 Market St #321

Zoning

Tour insights for 221 Market St #321

Sale proceeds

Compare agent services

Show taxes and fees

Get $3,950 more selling your home with a Redfin agent

Schools

Thalia Elementary School

Independence Middle School

Princess Anne High School

Around this home

Transportation near 221 Market St #321

Walk Score®

Transit Score®

Bike Score®

Climate risks

Flood Factor - Minimal

Fire Factor - Minimal

Heat Factor - Extreme

Wind Factor - Severe

Real estate market insights for 221 Market St #321

Condo sales (last 30 days)

Condos/Co-ops trends in Central Business District of Virginia Beach

Market competition in Virginia Beach

Compare to nearby cities

Is this your home?

Nearby similar homes

Nearby recently sold homes

Home values near 221 Market St #321

More real estate resources

Frequently asked questions for 221 Market St #321

What is 221 Market St #321?

How many photos are available for this home?

How much is this home worth?

When was this home built and last sold?

How competitive is the market for this home?

What comparable homes are near this home?

What’s the full address of this home?

What's the housing market like in Central Business District of Virginia Beach?